Using higher discount rates will
A) not affect the present value of the future cash flow.
B) increase the present value of any future cash flow.
C) decrease the present value of any future cash flow.
D) None of the above.
Answer: C
Using higher discount rates will
A) not affect the present value of the future cash flow.
B) increase the present value of any future cash flow.
C) decrease the present value of any future cash flow.
D) None of the above.
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